Xebec, Fonds Launch Renewable Natural Gas Investment Fund
Xebec Adsorption Inc., a global provider of clean energy solutions, and Fonds de solidarité FTQ (Fonds) have created the GNR Québec Capital L.P. investment fund.
With an initial capitalization of $20 million, this new investment vehicle aims to increase renewable natural gas (RNG) production in Québec. Partners, particularly from the agricultural and municipal sectors, will have access to the capital and expertise needed to develop and operate efficient facilities to treat organic waste. The creation of a fund of this type for RNG projects is a first in Québec.
By NGT News